What can we do for you?

MTI Vekst is an investment company focusing on companies that have customers and a proven business model, but need capital and assistance for faster growth.

We are not a managed fund. All our experienced investors play an active role in selecting and monitoring individual companies. Our combined expertise and experience covers many different industries and segments.

See our investment criteria below. These are of course not without exceptions, but give an indication of how we think and what we focus on.

We have offices in the center of Oslo, and in the Research Park of the University of Southeast Norway (USN) in Vestfold. Naturally, we often meet companies with headquarters in central Eastern Norway, but anyone who meets our criteria is encouraged to get in touch.

Nor do we have a fixed investment horizon. But we must have a common ambition and exit goal. We are not a bank...

We work closely with other investment companies, businesses, academia and other actors who can assist with the commercialization and capitalization of businesses.

Our partners can also offer consulting as a payable service, including management for hire. We can therefore help many entrepreneurs and businesses in our portfolio all the way from the idea phase through start-up and growth to exit.

Investment criteria

Our team
  • We are looking for dedicated individuals with significant experience and ambition to take the company to the next level.
  • Clear leadership, but receptive to input and guidance.
  • Commercial, not too product-oriented.
Chamfer
  • We primarily look for companies that already have a product or service on the market.
  • Who have customers and cash flow, and a proven business model.
  • But need some capital for further growth. Typically in the order of 5 - 10 MNOK in this round, where we can be one of several investors.
Market and industry
  • We have no particular segment or industry requirements. But we love technology with the potential for disruption.
  • The company must have a business idea with significant growth potential.
  • Preferably towards international markets, but not a prerequisite. We also find it very exciting with companies that can gain a significant market share in Norway, and are potential acquisition candidates in the long term.
  • B2B and B2B2B. B2C and B2G only in very special cases where we see that the company already has a significant position.
Product or service
  • The company will demonstrate technological solutions with identified advantages in its markets
  • We need to understand the product and be able to communicate what it is
  • We look for products and services with a clear value proposition to customers and the environment
Technology
  • All software regardless of industry is interesting. Obviously SAAS, but preferably also combined with a consultant.
  • We are also happy to look at electronics development and production; e.g. sensors, circuit boards, network components, etc. 
  • Preferably solutions within IoT (Internet of things) and IIot (Industrial Internet of things), artificial intelligence and smart systems.
  • All micro and nanotechnology that can utilize resources at USN; water purification, energy, materials technology, etc.
  • But in general, we are opportunistic as long as other criteria are right.
Business model
  • The business model must be clear and scalable
  • Preferably subscription models (recurring)
  • We also look for the company's ability to build barriers to both existing and future competition. Preferably a patent, but not a prerequisite. IP can be built in several ways
structure
  • Milestone investment is desirable. Normally 2 - 3 MNOK in first investment, but we can also look at higher first-time investment
  • Clear path for further growth and capitalization
  • Our opportunity to participate in the development of the company is more important than company pricing 
  • Co-investor is most often desired
  • Any board participation and role is assessed on a case-by-case basis, but normally not a prerequisite

INVESTORS

MTI Vekst is an investment community. All investors participate in the selection and assessment of investment opportunities. Decisions are adopted by a 2/3 majority of the investors.

Edvin Austbø

Alden AS

Investor with portfolios in technology, real estate, retail and much more. Invests in listed and unlisted companies.

Sigge Ollendorff

Lucienne AS

Investor with significant experience and investments in real estate and technology companies, nationally and internationally.

Bjørnar Olsen

BO-BO Invest AS

Authorized financial analyst with 30+ years of experience. Managed investments on behalf of a handful of investors and himself since 1999.

John Helge Fjellheim

Rabakken Invest AS

Investor with extensive experience from the electronics industry in Norway. Background from Airthings, Disruptive Technologies, Energy Micro, Chipcon and others.

Richard Urbanski

TTC Invest AS

Investment company with interests in import, real estate, transportation and technology. Invests in listed and unlisted companies.

Christian Storm

Bleke Invest AS

Investor with extensive management experience from Norwegian business within economics, finance and telecom, nationally and internationally (especially Asia).

Truls Tvete

Private investor

Man.dir. Polaris Industries. Broad experience and specialized expertise in chain operations and goods flow from the Norwegian and international retail sector.

Johan Lindqvist

Windchange AS

Active leader and investor in various e-health businesses. Extensive experience from Scandinavian and international IT companies.

Roy Gausaker

RG Holding AS

General Manager Envo AS. Has taken several IT companies in retail and communication from start-up phase to commercialization.

Andreas Hojem Olsen

AHO Invest AS

CEO and co-owner of Format Eiendom, a consulting engineering company that develops residential and commercial buildings.

Roar Aasvang

Finova AS

Extensive experience from financing, start-up, operation, further development, management and sale of technology companies. Chairman of the board of MTI.

Jan Wessel Bratterud

Ontogeny Group

Background from sales and marketing of IT products and services, as well as 20 years of experience from buying, selling and recapitalizing companies.

Cooperation partners

We offer business development assistance and financial services through our partners:

Incubator

Consulting, office space and other assistance for start-ups. 

Corporate Finance

Change of ownership, MBO, mergers, acquisitions, valuation and financing.

Ontogeny logo

READ THIS IF YOU ARE SEEKING CAPITAL

Pitch40 is an investment platform that raises capital for unique startups. They are our partner for screening investment opportunities. Here, we collaborate with a large number of other investors who have all agreed to invest significant amounts in startups.

MTI Vekst is currently fully invested.

We ask that all startups seeking capital (or investors who want to co-invest with us and others) get in touch with Pitch40.

Portfolio

Selection

Tomorrow's data room for seamless transactions. Try Dillien as your new data room and experience how efficient a due diligence process can be!

The Mia Health app and Mia Insight portal maximize health benefits for your business. Bringing all your employees, ongoing measures and initiatives together on one platform.

WindSim Logo

WindSim pioneers the use of CFD technology to optimize wind turbine placement - enabling customers to design more profitable wind farms.

The best and most flexible system for door opening and controlling access to communal garages and common areas.

World patent on ground-breaking supercapacitors - energy storage devices that offer high power density with very fast charging and discharging.

Bridgehill is a manufacturer of the world's best fire blankets and is on its way to becoming a global leader in fire safety. 

Advanced, patented medtech sensor for early warning of ischemia. Investment through MTI.

WAI supplies pyrolysis plants that transform different types of organic material from waste into new environmentally friendly products.

An Edtech company that develops GPS and AR-based games for training. Think the combination of Pokemon and Kahoot!

Patent-pending measuring instrument for the oil and gas industry. Sold to HALLIBURTON in 2025.

Wireless braking technology for bikes, wheelchairs and more